Bear Stearns names Cayne as chairman succeeding Greenberg
Bear Stearns announced Alan Ace Greenberg will step down as chairman and James Jimmy Cayne will become chairman while retaining his role as chief executive. Cayne joined as president in 1985 and became CEO in 1993. Greenberg has led the firm since its 1985 public debut.
MENTIONED IN THIS ARTICLE
Bear Stearns & Cos
Alan “Ace” Greenberg
James Jimmy Cayne
Cayne
Greenberg
Bear Stearns
Morris Communications to sell four newspapers
Morris Communications announced the sale of four community newspaper properties The Examiner in Blue Springs and Independence Missouri The Newton Kansan and The Oak Ridger in Oak Ridge Tennessee plus Town Country News in Oak Grove Missouri. The group also owns the Topeka Capital Journal and other media interests.
MENTIONED IN THIS ARTICLE
Morris Communications Corp
The
Examiner
Blue Springs
Independence
Newton Kansan
Oak Ridger
Oak Ridge
Tenn
Town & Country News
Oak Grove
Morris
Topeka Capital Journal
Signs of economic rebound amid mixed data
A trio of Tuesday reports showed consumer confidence rising to 117.9 in June, durable goods orders up 2.9 percent in May, and new home sales increasing 0.8 percent to a 928,000 annual rate. Economists cautioned the improvement may be limited, with Greenspan and others noting questions about sustainability.
MENTIONED IN THIS ARTICLE
Washington
Sung Won Sohn
Wells Fargo
Federal Reserve
Open Market Committee
Fed
Conference Board
Joel Naroff
Naroff Economic Advisors
Alan Greenspan
National Association of Manufacturers
Jerry Jasinowski
Blue chips fall on profit warnings and Fed rate hopes
Blue chips declined for the third straight session as profit warnings and layoffs hit amid the Fed rate decision. Merrill Lynch tumbled after warning Q2 profits to 52-57 cents and cutting 3,300 jobs. Dow closed down 31.74 at 10,472.48 with Soft tech gains from Microsoft Intel Oracle helping cushion losses.
MENTIONED IN THIS ARTICLE
New York
Merrill Lynch
Federal Reserve
Hugh Johnson
First Albany Corp
Wall Street
Outback
3Com
International
Dow Industrial
U.S
Gary Kaltbaum
Edge Partners
Microsoft
Intel
Oracle
Larry Ellison
CNBC
Pest control pro Mark Lillis finds problem solving at Schendel
Staff Reports profile of Mark Lillis a 39 year old sales consultant with Schendel Services in Lawrence details his three years with the firm his focus on identifying pest problems and delivering safe effective remedies for residential commercial and industrial settings. He says his favorite part is solving the client’s problem and notes crawl spaces are the toughest area. Lillis and his family including wife Fawnna and daughter Harmony value family time and fishing golf and football. He cites a teaching philosophy learned from cooking and restaurant years and quotes a line about fish feeding for life. Contact is Mark Fagan at 785 832 7188 or mfagan ljworld.com for area business stories.
MENTIONED IN THIS ARTICLE
Fawnna
Harmonie
Emporia State University
Mark Fagan
Mfagan
Ljworld.com
Local Market Prices And Commodity Quotes Snapshot
Ottawa Cooperative Assn and various elevators report grain prices Wheat 2.60 to 2.63, corn 1.55 to 1.58, milo 1.55 to 1.60, soybeans 4.31 to 4.35. USDA loan payments listed for corn oats soybeans milo. Live animal prices and weights shown with mixed lean percentages. Nonferrous metal and precious metal spot prices across New York and London markets.
MENTIONED IN THIS ARTICLE
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence
USDA
New York
London
N.Y
Handy & Harman
N.Y. Mere
Also Mentioned on This Page
Morris Communications
American Airlines
Feds
Justice Department
Department
Federal District Court
Wichita
American
Dallas-Fort Worth International Airport
Kroger
Kroger Co
Joe Pichler
Kansas University
Dillons
Conferenceboard.org
Census. Gov
Schendelpest Com
Mark Lillis
Olathe
Schendel Services
Ponderosa Drive
Lillis
St. Joseph
Totyn
Sunflower Cablevision
Riverfront Plaza
Ste. 30
ELC